It is hard to argue the UK exemption from the doubling of US tariffs on imported steel from 25 to 50% is not good news.
Category: Business
Oreo Maker Mondelēz Sues Aldi US Over Packaging War
The corporation behind Oreo has filed a lawsuit in the US against the budget supermarket Aldi, accusing it of “blatantly” copying the packaging of its famous snacks.
UK Steel Avoids 50% US Tariff Hike, Faces July Deadline
The UK has been temporarily spared from US President Donald Trump’s executive order doubling steel and aluminium tariffs from 25% to 50%.
£2.5bn Chelsea Funds: UK Threatens Abramovich Lawsuit
The UK government has threatened to sue former Chelsea Football Club owner Roman Abramovich to make sure the money from the club’s sale goes to Ukraine.
Pornhub Exits France Amid Age Verification Law Dispute
Aylo, the company which runs a number of pornographic websites, including Pornhub, is to stop operating in France from Wednesday.
MyPillow CEO Mike Lindell Faces Defamation Trial Over Election Claims
A US federal trial has begun for MyPillow chief executive and Donald Trump supporter Mike Lindell, who is accused of defaming a former employee at an electronic voting company in the bitter aftermath of the 2020 election.
Bill Gates Pledges $200bn Fortune to Transform Africa’s Health
Microsoft founder Bill Gates says that most of his fortune will be spent on improving health and education services in Africa over the next 20 years.
Tulsa’s $105M Plan to Repair 1921 Massacre Damage
The city of Tulsa, Oklahoma is preparing to award its black community a $105m (£73.8m) reparations package to address the harms caused by the Tulsa Race Massacre of 1921, one of the largest and most violent racial attacks in US history.
The British jet engine that failed in the ‘Valley of Death’
“It was going great until it fell apart.” Richard Varvill recalls the emotional shock that hits home when a high-tech venture goes off the rails.
Trump’s Tariffs Set to Return as July Deadline Nears
US President Donald Trump is not planning to extend the pause to his sweeping global tariffs, Commerce Secretary Howard Lutnick said.